The probability of the Federal Reserve cutting interest rates by 25 basis points in December is 74%, consistent with the data released before ADP

Bitget news, according to CME "Federal Reserve Watch": The probability of the Federal Reserve maintaining the current interest rate until December is 26%, and the cumulative probability of a 25 basis point cut is 74%. The probability of maintaining the current interest rate until January next year is 19.9%, the cumulative probability of a 25 basis point cut is 62.7%, and the cumulative probability of a 50 basis point cut is 17.4%.